The Department of Applied Economics (estd. 1979) was envisaged primarily as a research oriented Department with its focus on applied economic problems. Situated in a Science and Technology academic environment, the Department promotes studies and research pertaining to the economic dimensions of science, technology and society and the economic problems of the region. The University has hitherto conferred the Ph.D. degree on 52 scholars of the Department. The faculty of the Department have received international exposure through fellowships / awards tenable at overseas institutions. An important area of activity of the Department is providing training to college teachers in the state to enhance their capabilities in teaching and research. Conducting refresher programmes and research methodology workshops for teachers has been a regular activity of the Department. The Department has an excellent library with more than 10000 books and subscribes to over 50 national and over 25 international journals.
Programmes of Study/Research
The candidates for the Ph.D and M.Phil programmes are admitted on the basis of an entrance test and an interview. The dates of which are notified by the University during the month of December. Candidates eligible for the Junior Research Fellowship from the UGC are exempted from the entrance test for the Ph.D programme.
The M A Applied Economics programme at the department is designed to provide advance theoretical and applied economics education, involving:
- A grounding in the principles of microeconomics
- An understanding of different schools of thought in macroeconomic theory and policy
- An appreciation of the nature of business and its role within the private enterprise system.
- The ability to use basic economic principles to analyse decision making within the firm and identify and explain the impact of key governmental policies on business
- A familiarity with recent developments in economic approaches to business strategy.
- A range of transferable skills in task-planning, communication, research, information analysis and interpretation and team-working.